Indiana Gymnastics Booster Club Inc

Analysis

Indiana Gymnastics Booster Club Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Indiana Gymnastics Booster Club Inc reported income of $84k and spending of $79k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $84k (+63%), an average of +63% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana Gymnastics Booster Club Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Aikido Kenkyukai International USA ($84k), West Coast Premier Basketball Academy Inc ($84k) and US Lacrosse Inc ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.